A firm's short-run marginal cost curve is decreasing when
A) marginal product is increasing.
B) total fixed cost is decreasing.
C) average fixed cost is increasing.
D) marginal product is decreasing.
E) capacity is reached.
Ans: A) marginal product is increasing.
Economics
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A) insurance B) fuel C) pollution D) wear and tear
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The Proclamation of 1763 and the Quebec Act of 1774 benefited existing farmers with large land holdings because these laws led to
a. decreased farming competition. b. falling land prices. c. lower taxes on farm land. d. increased supplies of western farm land. e. All of the above.
Economics